Corporate Treasuries Could Soon Hold 10% of Ethereum’s Total Supply – Here’s Why
- Why Are Corporations Hoarding Ethereum?
- The Heavy Hitters: Who’s Buying?
- ETH vs. BTC: The Treasury Arms Race
- FAQ: Corporate ETH Accumulation Explained
Ethereum (ETH) is witnessing unprecedented demand from corporate treasuries, with holdings surging by 195% in just two months. Analysts predict these entities could soon control 10% of ETH’s total supply, driven by staking rewards, DeFi opportunities, and systemic financial inefficiencies. This trend has already fueled ETH’s 56.9% price rally in July 2025, outpacing Bitcoin. Here’s a DEEP dive into the data, key players, and what this means for Ethereum’s future.
Why Are Corporations Hoarding Ethereum?
Geoff Kendrick of Standard Chartered highlights a seismic shift: public companies now hold over 1% of ETH’s circulating supply, acquired in a mere two months. At this pace, 10% isn’t just plausible—it’s probable. "ETH treasury purchases are now outpacing Bitcoin’s," Kendrick told BTCC, noting that July’s institutional inflows rivaled those of ethereum ETFs.
The numbers are staggering. Corporate ETH treasuries ballooned from 789,705 ETH in mid-May to 2.33 million ETH (worth $9B+) by July 2025, per CoinMarketCap data. That’s 1.93% of Ethereum’s supply held by 64 entities—a 195% spike. For context, that’s like adding three Fortune 500 companies to ETH’s shareholder registry every week.
The Heavy Hitters: Who’s Buying?
Two companies dominate this Gold rush:
- BitMine Immersion Technologies: Started with a $250M ETH reserve in June, now holds $2B+. Their target? A $4.5B position—5% of ETH’s total supply.
- SharLink Gaming: Aggressively accumulated $1.7B in ETH, including a $295M purchase in late July. Crypto Twitter’s buzzing: "Is SHARPLINK the MicroStrategy of ETH?"
Meanwhile, 113,000 ETH ($409M) came from new corporate entrants this quarter alone. It’s not just tech firms—traditional sectors are diving in, lured by ETH’s dual role as collateral and yield generator.
ETH vs. BTC: The Treasury Arms Race
Kendrick’s team crunched the numbers: corporate ETH buying is doubling Bitcoin’s rate. Why? Three killer advantages:
- Staking Rewards: 4-6% APY vs. BTC’s static holdings.
- DeFi Integration: ETH powers lending protocols and liquidity pools—still off-limits for U.S. spot ETFs.
- Financial Hedge: "ETH acts as a pressure valve against traditional market inefficiencies," notes a BTCC analyst.
The impact? ETH/BTC soared 22% since June, with ETH hitting $3,800 in July—its highest since 2021’s bull run. "If flows persist, $4,000 is imminent," Kendrick projects.
FAQ: Corporate ETH Accumulation Explained
How much ETH do corporations currently hold?
As of July 2025: 2.33 million ETH ($9B+), representing 1.93% of circulating supply.
Which company holds the most ETH?
BitMine Immersion Technologies leads with over $2B in ETH, targeting $4.5B.
Why are corporations favoring ETH over BTC?
Staking yields, DeFi utility, and perceived growth potential in Ethereum’s ecosystem.
Could this trend push ETH to $4,000?
Analysts suggest sustained inflows could breach $4,000, though market volatility remains a factor.
